ACT Co., Ltd. acquired Alpha Mark Limited from Mighty Merit Group Limited for KRW 20 billion.
July 15, 2018
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ACT Co., Ltd. (KOSDAQ:A138360) acquired Alpha Mark Limited from Mighty Merit Group Limited for KRW 20 billion on July 13, 2018. Under the terms of the transaction, ACT Co., Ltd. acquired one shares of Alpha Mark Limited. For the year ended June 30, 2018, Alpha Mark Limited reported total assets of KRW 1.97 billion, total capital of KRW 1.97 billion, sales of KRW 0, and net loss of KRW 1.7 million. The consideration was paid on the same day. The transaction was resolved by the Board of ACT Co., Ltd. on July 13, 2018. Lian Accounting Corporation acted as external rating institution.
ACT Co., Ltd. (KOSDAQ:A138360) completed the acquisition of Alpha Mark Limited from Mighty Merit Group Limited on July 13, 2018.
Hyupjin Co Ltd, formerly ACT Co Ltd is a Korea-based company engaged in the manufacture and sale of raw materials of cosmetics. The Company provides bioconversion technology products, encapsulated products, natural extracts, synthetic products and others. Its products include Aquatouch L, which is made of glycerin, dimethicone, water and lecithin; Silkytouch L, which is made of water, dimethicone, glycerin, palmitoyl inulin, behenyl alcohol and 1,2 hexanediol; Phytoact Reliefer, which is made of phaseolus radiates seed extract, avena sativa meal extract, ethyhexylglycerin and others, as well as PhytoAct CosyPlex, Actosome InoCeramide E06, Actosome Retinol850, Actosome Retinal Palmitate, Actostem GinElixir and Actosome Deage, among others. It also provides electronic materials.
HYUPJIN CO., LTD. 
